Remarkable Investment Opportunity – New 30-Unit Condo Apartment Complex

Asking $ 235,000

It is sure to captivate your attention. Take action now!

  • 4 separate buildings in a great location.
  • Low maintenance, exceptional growth potential, and all units operate on separate water/electric meters.
  • Each unit is approx. 1360 square feet and showcases: 3 bedrooms, 2.5 baths.
  • Granite countertops, LVP flooring throughout, as well as a full suite of kitchen appliances including refrigerator, stove, microwave, and dishwasher.
  • Also includes a washer and dryer.
  • Private fenced patio.
  • Updated On:
  • January 24, 2024
Property Id : 60672
Price: Asking $ 235,000
Property Size: 40,680.00 ft2
Property Lot Size: 40,680.00 ft2
Rooms: 210
Bedrooms: 90
Bathrooms: 60
Year Built: 2023
External Construction: Brick
Rent (mo): 1850
ROI (ann): 18.4%
Cashflow (mo): 187
Property Taxes (mo): 80
Insurance (mo): 145
Repairs (mo): 75
Management Fee (mo): 144
Leasing Fee (ann): 450
HOA (mo): 80
Vacancy Rate (ann): 48
Other Features
fenced yard
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 1,407.77
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,114.02

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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